 and headline news update welcome folks we have the now industrials trading down 156 Nasdaq's up eight S&P's down 11 gold gold contract down $26 trading at 1709 an ounce we have silver down 81 cents at 18 dollars 37 cents an ounce light sweet crude flat at 96 dollars 71 cents a barrel notes and bombs see at the 10-year note trading out 13 six at 118 16 a 30 year off 24 at 139 15 and King dollar King dollars up 568 ticks trading out at 108 526 euros flat 1 to 1 US dollar the pound is 118 to 1 US dollar and the yen is trading out at 138 point 87 to 1 US dollar you're gonna love this market folks bottom line let's get over and take a look at the spy what do you have well yesterday had a rejection of lower price you had light of volume and it gets even better today you rejected it once again and I can tell you the the selling's done man that's about bottom line you know you're gonna have actually light of volume than yesterday we'll go it we're going into 112 million you know the markets exhausted from going down so we're gonna go up that's how this shakes out man you know bottom line right now the spies off 87 cents we go take a look at the end DX 100 the three queues what you're gonna see at the three queues it's gonna lead it higher once again three queues out here bottom line you know you had yesterday we had that low that was established with seventy three million chairs and you're gonna do less than that in fact and the benchmark out here is 79 million so bottom line in both cases you're going top side now the correlation is about as direct as you can get meaning with the U.S. dollar markets down big S&P's are off huge amounts guess what the dollar basically came off the dollar still high beyond belief okay hit 109 294 but you can see quite clearly that as soon as the dollar backs off bottom line the market can get higher so that's telling me once again that the bottom line is that this doll is gonna pull back okay why because there's no more selling inside the market so when there's no more selling inside the markets particularly when you do something like this bottom line can't bust them down guess what we're going top side stay right there folks will be coming right back with the show Dow industrials right now down 143 we get the Nasdaq up 11 S&P's are down 10 will come right back